google bot detected Liable | Real Estate Glossary | Realestateagent.com

Liable


Definition of "Liable"

Cari Lopez
  Keller Wiliams Realty

Legal responsibility for something. For example, an owner of commercial property (e.g., restaurant) is legally obligated for damages on that property (e.g., restaurant patron falls and breaks his leg because of a wet floor).



Search Real Estate Glossary

Related Real Estate Glossary terms

Related Real Estate FAQ